By Karen Roman
Argo Infrastructure Partners said it secured approximately US$2 billion in financing to strengthen its portfolio of 18 infrastructure companies.
The company arranged funding across multiple markets and structures, like bridge loans, asset-backed securities and long-term notes, while also guiding firms to achieve investment-grade credit ratings, it said in a statement.
“Our platform-wide financing efforts have reduced volatility and enabled our portfolio companies to unlock and pursue organic and step growth opportunities,” said Argo Founder Jason Zibarras.
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